professionals who devote full-time efforts to evaluating the investment worth of
ID: 3047055 • Letter: P
Question
professionals who devote full-time efforts to evaluating the investment worth of a narrow list of stocks. The following variables are of interest to security analysts. Which are dis. crete and which are continuous random variables? a. The closing price of a particular stock on the New York 4.2 Types of finance random variables. Security analysts a Stock Exchange traded each business day and this year for a particular firm firm b. The number of shares of a particular stock that are c. The quarterly earnings of a particular firm d. The percentage change in earnings between last year e. The number of new products introduced per year bya
Explanation / Answer
a) the closing price is a dicrete random variable
b) number of shares is a disxrdis random variable
c) the quarterly earnings are contious random variable
d) the percentage earnings is also a discrete random variable
e) number of new products is a discrete random variable.
f) time taken is a continuous random variable.
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